3-bedroom property · CB1 1JL
Listing removedListed 293 days
Opportunity summary
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About
A bright & characterful Grade II Listed Victorian residence, occupying a prominent position on the southern fringes of The Kite.
The property corners onto Parker's Piece & is available with no chain.
No.12 Parker Street is a charming mid-terraced house dating from the late 1800s, extended to the rear & enjoying a quiet courtyard garden.
The property is a stone's throw from Parker's Piece & just a 7-minute cycle ride from Cambridge Station.
An entrance lobby has a fanlight & double doors to the entrance hall with stairs down to the basement & first-floor, finished with original wood flooring continuing through to the main reception room.
The bay-fronted living room benefits from a dual aspect, high ceilings & recessed glazed French doors with a stained glass fanlight, opening onto the courtyard.
The dining room has built-in storage & an east-facing window.
Adjoining the dining area is a kitchen with a matching range of base & eye-level units; integrated appliances include a dishwasher, double oven & 4-ring gas hob with extractor over.
Completing the ground floor accommodation is a cloakroom W.C. Which has potential to convert to a shower room.
The basement has been fully tanked, has power & could serve as a study or storage room.
Upstairs are 3 double bedrooms, the master bedroom with built-in cupboards & splendid views over Parker's Piece.
Bedroom 2 has an ensuite shower room & there is a further shower room just off from the landing. Outside, the house is set behind iron railings with steps to the entrance.
The private walled rear garden measures 17.7m x 6m, is predominantly paved & has an apple tree that fruits. The courtyard is bordered with a variety of established shrub & planting.
Local shopping 150 yards, City Centre (Market Square) 0.5 miles, railway station 1 mile (Liverpool Street from 60 minutes, King's Cross from 49 minutes).
The area has a choice of excellent schools, eateries, pubs, greenspaces & wide range of shopping facilities nearby.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 12, Parker Street, Cambridge
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